Employment Growth Rebate | Are You Eligible & What You Need to Know?

For businesses who have employed new full-time employees over and above their capacity across the 2019-20 & 2020-21 Financial Years, you may be eligible to claim a Payroll Tax – ‘Employment Growth’ Rebate, up to the value of $20,000 per year. As all new employers or groups of employers are required to meet Payroll Tax requirements once the annual threshold of $1.3 million in total Australian employee taxable wages is exceeded, if eligible, this rebate could be a terrific option to improve your business cash-flow and financial position. For eligible businesses, the rebate is available from 1 July 2019 to 30 June 2021, … Continue reading Employment Growth Rebate | Are You Eligible & What You Need to Know?